How Much Did Pegasus Technologies Raise?
Funding & Key Investors

Pegasus Technologies has secured $10M in total funding, with its most recent capital infusion of $150K described as a major strategic investment. This significant backing underscores the company's established presence and its role in providing comprehensive IT solutions to businesses and non-profit organizations across Southeastern Pennsylvania and Northern Delaware.

What is Pegasus Technologies?

Pegasus Technologies
Business ServicesSoftware Testing

Pegasus Technologies operates as a full-service IT department for its clients, offering a wide spectrum of services from cloud and server migrations to end-user support. The company emphasizes 24/7 support and proactive, preventative IT care for organizations typically ranging from 5 to 300 computers. They also specialize in addressing the unique technology needs of larger enterprises. Pegasus Technologies partners with decision-makers to develop and implement long-term technology plans and budgets, taking full responsibility for the day-to-day management of IT infrastructure. The company actively seeks clients who recognize technology as a critical driver of operational efficiency and hires skilled IT professionals adept at understanding client needs and communicating effectively.

How much funding has Pegasus Technologies raised?

Pegasus Technologies has raised a total of $9.9M across 3 funding rounds:

2005

Other Financing Round

$5M

2006

Other Financing Round

$4.8M

2020

Debt

$150K

Other Financing Round (2005): $5M with participation from Pentel, HGST, and Nippon Venture Capital

Other Financing Round (2006): $4.8M led by Cedar Fund and Nippon Venture Capital

Debt (2020): $150K supported by PPP

Key Investors in Pegasus Technologies

Nippon Venture Capital

Nippon Venture Capital (NVCC) is an open innovation platform that connects startups, large corporations, and academia, established in 1996 to support the next generation of entrepreneurs and venture companies in Japan through a neutral and multifaceted approach.

Cedar Fund

Cedar Portfolio is an investment firm that partners with founders and management teams of startups, providing early-stage investments and support as they develop their companies. The firm takes pride in its collaborative approach, helping to build successful businesses from the ground up.

HGST

Undisclosed investor participating in the funding round.

What's next for Pegasus Technologies?

The recent major strategic investment indicates Pegasus Technologies is poised for significant expansion and potentially new service development. This capital infusion will likely fuel initiatives aimed at enhancing their service offerings, expanding their geographic reach, and further solidifying their position as a leading IT solutions provider in the region. The company's focus on hiring well-rounded technicians and its commitment to continuous employee training suggest a strategic approach to scaling operations and maintaining a high standard of service delivery in the ever-evolving technology landscape.

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Frequently Asked Questions Regarding Pegasus Technologies Financial Insights

What are the most recent funding rounds that Pegasus Technologies has completed, and what were the funding rounds?
Pegasus Technologies has recently completed 3 funding rounds: Debt on Apr 14, 2020, Other Financing Round on Apr 24, 2006, Other Financing Round on Feb 28, 2005.
What is the total amount of funding Pegasus Technologies has raised to date?
Pegasus Technologies has raised a total of $9.9M in funding to date.
How many funding rounds has Pegasus Technologies completed?
Pegasus Technologies has completed 3 funding rounds.
How much funding did Pegasus Technologies raise in its most recent funding round?
Pegasus Technologies raised $150K in its most recent funding round.
Who are the lead investors in Pegasus Technologies's latest funding round?
The lead investor in Pegasus Technologies's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Pegasus Technologies's history?
The largest funding round in Pegasus Technologies's history was $5M.
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